Former News International chief executive Rebekah Brooks and her husband Charlie were among a number of people arrested yesterday UK time on charges of conspiracy to pervert the course of justice. She…
The audit profession has been blamed for contributing to major corporate collapses, the global financial crisis and most recently, the Greek debt crisis.
AAP
The audit profession has received consistently bad press in recent years. Audit independence, or rather the lack of it, has been blamed as a contributing factor in some of the major corporate collapses…
In the US, corporate personhood has enabled corporations to exercise undue influence on the electoral process.
takomabibelot
A Supreme Court ruling in 2010, designed to clarify the parameters of free speech, has created a monster. Citizens United v. Federal Election Commission made much of corporate rights. It paid significantly…
Brazil, Russia, China, India and South Africa: the building BRICS of a new world order in economics and foreign aid.
Blog do Planalto
On 29 March, the BRICS nations – Brazil, Russia, India, China and South Africa – will meet in New Delhi for their fourth annual summit. Representing 40% of the global population, 25% of global GDP, and…
Derivatives can allow farmers to reduce their risk by guarding against changes in the weather.
Flickr
For some industries, the weather plays a significant role in determining revenue. Unexpected weather events can often cause significant financial losses. For instance, a drought can yield a severe impact…
Satyajit Das: “I think the democratic process and the politics of the world relies on a very fragile construct. One is trust. And trust relies on economic growth.”
Supplied
Kevin Davis, Australian Centre for Financial Studies
Welcome to the latest in our In Conversation series, between risk analyst and author Satyajit Das and Kevin Davis, Research Director of the Australian Centre for Financial Studies. Satyajit Das is an internationally-known…
There are plenty of opportunities to be seized if Brazilian mining company Vale decides to expand its operations to Australia.
AAP
Rumour has it that Brazilian mining giant Vale is eyeing up the Yilgarn region of West Australia for a new venture. Forget notions of Vale trying to invade the backyard of its prime competitors BHP Billiton…
A few tips for the new minister for Small Business, Brendan O'Connor.
AAP
This is an open letter of welcome to Brendan O’Connor, the newly appointed Federal Minister for Small Business. Dear Minister O'Connor, We congratulate you on the new appointment and welcome you to the…
Coles is among a number of companies that have misjudged social media campaigns.
AAP/Alan Porrit
My central problem with branded clothing is my reluctance to actually be branded. Why on earth would I pay to advertise someone? When a Kiwi can make a motza from auctioning her buttock flesh to a strip…
When it comes to addressing climate change, the Green Climate Fund falls drastically short.
AAP
John Mathews, Macquarie Graduate School of Management
If no-one argues against the proposition that it was capitalism that created the global warming problem, then no one can argue that it must therefore be capitalism that will solve the problem. But how…
Sending the same message to everyone at once is an old-fashioned approach.
Boston Public Library
The Federal Government is once again hitting difficulties in communicating its carbon pricing proposal, with polling finding Australians don’t like the word carbon. The government is reconsidering its…
Julia Gillard’s recent leadership battle provides a lesson for all executive women.
AAP
Today is the 101st anniversary of International Women’s Day, a day celebrated around the world to mark the legal, political, social and economic achievements of women. The change in corporate governance…
Contrary to a report published by French bank Societe Generale, Reserve Bank Governor Glenn Stevens confirmed that funding costs for Australian banks had increased.
AAP
Predicting the setting for the banks’ standard variable housing loan interest rate used to be simple. Before the subprime crisis in the US and the subsequent GFC, the variable rate was simply the RBA target…
Reserve Bank of Australia Governor Glenn Stevens: knowing how individuals board members think is important.
AAP
Monetary policymaking is imperfect. When board members of a central bank such as the Reserve Bank of Australia sit down to set the appropriate target cash rate each month - as they did this week - there…
The one feature of the government’s carbon price framework which has received little analysis is compensation to households.
AAP
There are many features of the design of the Gillard government’s controversial and complex carbon legislation that can be questioned. For example, Australia’s unilateral action; the two-phase carbon tax…
Low-cost carrier Southwest Airlines is renowned for its high levels of employee and aircraft productivity.
AAP
The recent collapses of Air Australia, Malev and Spanair raise questions about airline strategies and business models. With rising fuel prices and continuing economic turmoil in Europe and elsewhere, what…
Billionaire Clive Palmer: how much of his fabulous wealth is due to government policy?
AAP
Over the last year or so, the Occupy movement has garnered wide attention, with people of all backgrounds gathering to protest the deteriorating social conditions. However, these grievances have been running…
What would Marx (left) and Engels say about capitalism’s current predicament?
Marcio Cabral de Moura
The current economic crisis has renewed interest in alternative economic ideas. Most conspicuously, Keynesianism has returned from the margins. Unfortunately, particularly in Europe, policymakers quickly…
There has been a concerted push for foreign workers to fill the gaps in the resources industry.
AAP
Within the much publicised debate of labour shortages in the resources sector, there is now a concerted push to open up employment to larger numbers of skilled foreign workers. Large employers such as…
Julia Gillard and Susilo Bambang Yudhoyono both acknowledge the importance of a strong relationship between Australia and Indonesia.
AAP
A detailed report launched in Parliament House within hours of the ALP leadership ballot last Monday revealed that, whoever is Prime Minister, the Australian government needs to act decisively and urgently…
Australia’s regional migration scheme has had encouraging outcomes.
amandabhslater
Since 1995, there has been a concerted government policy push encouraging new migrants to settle away from the major cities. The Federal Government has ramped this up further, announcing in the 2011 Federal…
A behind-the-scenes subsidy is likely to stick around longer than a cash subsidy.
bicyclemark/Flickr
The sudden cessation of the Federal Government’s subsidies to solar hot water installations illustrates why subsidy-seekers mostly prefer industry assistance to come in hidden forms, rather than cash…
Irrational decision-making can have significant consequences for financial markets.
AAP
Fred Tomczyk, a 20-year veteran of the financial services industry, has his finger on the pulse of investor sentiment: “ … the preference for cash that we’re seeing among new investors suggests a stronger…
Not so funny…. Portugal is the next vulnerable Euro nation, but it doesn’t fit the German-favoured critique of a profligate country unwilling to undertake reforms.
AAP
Harald Sander, Cologne University of Applied Sciences (CUAS)
Greece is rescued, for now…maybe. Perhaps it’s time to move on to the next basket case. So, which of the PIIGS is the next Greece? For the moment, Portugal looks to be the front-runner. The country’s public-debt-to-GDP…
Some 67% of organisations offer no training on social media use.
Phillie Casablanca
Almost half of all businesses and organisations in the private and public sector in Australia and developed Asian countries are now using social media, according to research by KPMG. A new term – “the…